About 202 Fir Dl
Excellent opportunity to acquire a FULLY occupied fourplex in the growing Converse market. The property features four spacious 2-bedroom, 2-bath units totaling approximately 3,600 square feet on a 0.194-acre lot. Each unit offers a private entrance, with street parking and a durable brick and siding exterior designed for low-maintenance ownership. Situated in the established Converse Hills neighborhood, the property provides convenient access to Loop 1604, I-10, Randolph Air Force Base, major employers, retail, dining, and everyday amenities throughout the San Antonio area. Its strong location supports consistent tenant demand, making it an attractive investment for those seeking rental income and long-term appreciation potential. Whether you're expanding an existing multifamily portfolio or acquiring your first investment property, this fourplex presents a strong opportunity. The property is available for purchase individually or as part of a 16-unit multifamily portfolio.
Features of 202 Fir Dl
| MLS® # | 2002207 |
|---|---|
| Price | $499,000 |
| Number Of Units | 4 |
| Square Footage | 3,600 |
| Acres | 0.19 |
| Year Built | 1986 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | One Story |
| Status | Active |
Community Information
| Address | 202 Fir Dl |
|---|---|
| Subdivision | CONVERSE HILLS |
| City | Converse |
| County | Bexar |
| State | TX |
| Zip Code | 78109 |
Multi-Unit Information
| Gross Annual Income | $50,880 |
|---|---|
| Net Operating Income | $36,085 |
| Annual Operating Expense | $14,795 |
| Operating Expense Includes | Maintenance, Management, Insurance, Taxes |
Unit 1 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 2 |
| Parking Type | Street |
| Handicap Access | NO |
| Rent | $1,000 |
| Occupied | YES |
| Includes | Oven/Stove, Dishwasher, Refrigerator, Washer Connection, Dryer Connection, Disposal |
Unit 2 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 2 |
| Parking Type | Street |
| Handicap Access | NO |
| Rent | $1,050 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Dryer Connection, Dishwasher, Disposal, Washer Connection |
Unit 3 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 2 |
| Parking Type | Street |
| Handicap Access | NO |
| Rent | $995 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Dryer Connection, Dishwasher, Disposal, Washer Connection |
Unit 4 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 2 |
| Parking Type | Street |
| Handicap Access | NO |
| Rent | $1,195 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Dryer Connection, Dishwasher, Disposal, Washer Connection |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | Multi-Unit Central |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|---|
| Exterior Features | Patio Slab |
| Roof | Composition |
| Foundation | Slab |
School Information
| District | Judson |
|---|---|
| High | Judson |
Additional Information
| Date Listed | July 22nd, 2026 |
|---|---|
| Days on Market | 17 |
| Zoning | OCL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 7.23 |
| Gross Rent Multiplier | 9.81 |
| Estimated Taxes | $6,964 |
Listing Details
| Agent | Michael Vasquez |
|---|---|
| Office | Real Broker, LLC |
| Contact Info | (210) 255-1118 |